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Google invests undisclosed sum in Youtube channel Machinima Tuesday, 22nd May 2012
Google Inc has made an undisclosed investment in Machinima, leading a USD 35 million round of funding for the online entertainment network and largest channel on YouTube. David Lawee, head of Google’s mergers and acquisitions, told Forbes that the main motivation behind the investment is “financial return”.
Facebook spends $1bn on Instagram buy-out Tuesday, 10th April 2012
Social media giant Facebook will pay USD 1 billion in cash and stock for a two-year old photo-sharing application with 30 million users, its largest acquisition to date. Without any significant revenue, the billion dollar price tag for Instagram stunned Silicon Valley investors, in what is being seen as a highly strategic move by Facebook.
Alohomora! JK Rowling’s Pottermore opens for business Tuesday, 27th March 2012
Pottermore, the site dedicated to selling digital copies of the Harry Potter books finally opened its virtual doors for business on Tuesday, much to the delight of Muggles across the globe. All seven of the best-selling tomes in the series are now available online to download in e-book form onto tablets, e-readers, personal computers and mobile phones.
Google launches GetMo to encourage UK businesses to go mobile Wednesday, 14th March 2012
Google has launched a website designed to encourage business to put more thought into their mobile web strategies.
Research in Motion chiefs exit as share price remains in freefall Monday, 23rd January 2012
Jim Balsillie and Mike Lazaridis, the men who brought the BlackBerry smartphone to the market, have stepped down from their roles as co-chief executives of Research in Motion after failing to revive the ailing company.
Google tops UK brand ranking report, but what about the rest? Wednesday, 18th January 2012
UK consumers have rated Google as their number one brand for the second year running, although rivals Apple, Facebook and Twitter remained conspicuously absent from the top 20. The YouGov BrandIndex measures consumers’ perception of brands on a daily basis across quality, value, customer satisfaction, corporate reputation, general impression and likelihood of consumers to recommend the brand.
Android market reaches 400,000 app milestone Wednesday, 4th January 2012
Google’s smartphone and tablet marketplace has reportedly reached 400,000 applications after adding another 100,000 apps in just four months. A new report from app tracking specialist Distimo has revealed the Android Market doubled in size since Apirl 2011, helped the by publishing of an increased number of free applications, which now make up two thirds of all apps on the platform.
Google+ on track to reach 400m members in 2012 Friday, 30th December 2011
Some 625,000 people are signing up every day to Google Inc.’s social networking platform Google+, according to a Bloomberg News report on Thursday. At this rate of growth the internet giant could reach 400 million members by the end of 2012, as it aims to topple rival Facebook. Ancestry.com founder Paul B.
Britons champion the iPhone as European sales dwindle Thursday, 22nd December 2011
Apple’s share of the UK smartphone market has grown by almost 10 per cent in 2011. This trend is a far cry from the situation throughout the eurozone which sees buyers opt for cheaper Android handsets.